2013 and earlier-Honda Civic Lease Questions

Comments

Hello, I just bought 2009 Honda Civic at the end of the lease. I am in MA. The dealer charged me sale tax, doc fee, new plate, title, registration, etc. Is it usual? I already paid all these fees when leased the car (i.e. I wanted to save the plates). Should I pay them again? Also, he said the price is not negotiable, I had to pay whatever I had on the paper. Lastly, after I signed all of the paperwork (financing, etc) the dealer didn't give me anything, put it away and said he "will contact me when he receive package from Honda". He also said that I must go with Honda financing and can't bring check from other bank because it's howHonda handles buyouts. I just want to make sure it's normal Thanks.

You either pay in cash or go thru HFC. We get some of the double fees in Illinois though I told they do prorate the tax paid. I'd buy the 2009 because you probably have a good price, >>much less than the street pricing for these cars. This car is far better than the 2012 Civics they are trying to sell now.

You're welcome and thank you for noticing, sam_hikes. You're right, the June program is scheduled to run through July 9th. I expect Honda to publish its new July program some time on the 10th. Please feel free to check back with me then for an update.

Just took home a 2012 Civic LX Auto lease @ 203+tax=220/month, 0 down, 0 1st payment (35 payments from lessee, term of lease 36 months). Acquisition fee rolled in to cap cost, so only drive off fees were DMV + doc fees - about $300. Basically the same terms of the Honda nationally sponsored deal of 0 down, 0 1st payment, $220/month + tax - except that I negotiated payment down to $203/month + tax. I think the money factor was either 0.00077 or 0.000670. I'll have to do some backward calculation.

During research, I compared all of the various deals advertised and from neighbors & friends. I found that once you adjust for down payment, 0 1st payment, and acquisition fee (whether it's paid upfront or rolled in to lease cap cost), they're basically all same. So during negotiation, I tried very hard to negotiate sales price as close to invoice (including $500 holdback). I got to about $500 within dealer's cost. I wanted to try harder but ran out of time.

Hi,We are considering purchasing a Honda Civic 2012 ex-l and went to a dealership and they told us that we are looking at $260 a month and $2000 down plus 1st months payment on a 39 month lease.I am sure if we are over paying or not can you please advise and what should be a good price to pay for this car.Thanks.

Car man,I don't know much about cars so Im trying to research as much as I can before going to a dealership and getting ripped off. What is a good car lease deal for a 2012 Honda civic LX and EX in miami, fl. I want a 36 mo lease with 0 down. What's the price difference between 12k and 15k?Thanks!

That certainly is low mileage. You certainly can try to use that to your advantage in your negotiations.

Honda Finance's July buy rate lease money factor and residual value for a 36-month lease of a 2012 Civic EX Sedan with 12,000 miles per year are .00077 and 61%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

I am not aware of any loyalty cash incentives on Hondas right now, but you definitely need to make sure to take advantage of the $500 dealer cash that is currently available on this model.

Why did I receive a separate bill for taxes? Isn't this part of my monthly lease payment? To ensure you are billed accurately for your property taxes, we initially pay the tax bill on your behalf and then send you a bill in turn. For an estimate of these charges over the term of your lease, please refer to the "Estimated Fees and Taxes During Your Lease Term" section on the front of your lease agreement.

So... does this mean that I was duped into having to pay 2281.05 on top of my monthly payments?

I am no pro at buying or leasing cars but I have a few comments regarding your deal. First off, I would never do a 39 month lease. Your warranty runs out after 36 months so you should insist on a 36 month deal. Second, find out what the Honda incentives & lease promotions are for August. Last month they has a $500 dealer cash incentive. Focus on the price you are paying for the car. The lower the price, the lower your payment. Look at the "prices paid" thread to get an idea what people in your area are paying.. Find our what your dealer's Document fee is. Alot of dealers will not budge on this so if they want $300-$400 dollars make sure you get a reduction in the selling price of the car to offset this charge. Stay away from window etch & other dealer added options. Consumer Reports just came out with an article listing the 2012 Civic as one of the worst cars to buy. Use that to your advantage to get your deal. Lastly, I would not pay that much "out the door". Your registration charges in NJ should be under $300. I would pay that along with first month only so insist on $500 out the door including first month payment.

Ok so here is the deal that I got. $1000 down including fees, taxes, first month etc. $175/month, .00067 money factor, Honda Lease, 12K/year $.15 per mile over. Got this from Mahwah Honda in north Jersey. I think I could have lowered them to $170 per month but saving about $180 was not worth the additional time.

I found this forum REALLY helpful in my search so I thought I'd post my experience!

2 Weeks, 4 dealerships - black Civic Sedan LX

Final Deal - Payment is $207 + tax. 0 down, 0 first months payment. 36k/3 year lease. Included maintenance package that covers all oil changes/service to 30k. Pinstripe, scotch guarded seats (not requested, but all of their cars had it).

The sticking point was my trade in (upside down). I got the first dealer to offer me 300 less than payoff while everyone else offered 2-3k less than payoff. The first dealer was really rude and I REALLY didn't want to get the car from them, so I showed the last dealer the lease contract from the first and told them if they could beat it by $1 I would buy the car from them. It worked!

I feel like I got a good deal considering my trade in. (I hope I did! Easier to sleep at night!).

Also, their finance manager told me that putting zero down gives you a money factor of .00067 while putting some money down gives you .00077. I'm not sure if that is accurate for every dealer, but it might be worth asking about!

You're in luck, jonathannyc, Honda just made an unscheduled improvement to its lease program for the Civic in October. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Civic Sedan LX with 15,000 miles per year are .00046 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

Hi, I got a quote on an EXL which I think might be an ok deal. Dealer 1 is $299.00, 0 out of pocket except for first month and they will absorb my final 3 lease payments. Price of car is 21500.Dealer 2 - $278 payment, price of car is 20,579 and zero at signing. But this does not include my current car lease. I am waiting on an email. What do you think? What is the current money factor for this car. Is it the same as the EXL Nav? Thank you.

They are both really close. The final 3 lease payments are around $1000 probably which represents around $30 a month in payments.

On a side note everyone cracks me up wondering if there getting a good deal seeing as you can look the invoice up on edmunds you can see that there is about $200 of mark up in a base model civic and about $1000 in mark up on a loaded up one. Of course the dealer gets hold back which is around %1.5 of MSRP. There is not much markup in new cars if the dealer gives any discount you got a pretty good deal.

I'm looking for what I should pay monthly for a lease for the car listed below before I go to the dealers. I'd prefer to put zero down, have top tier credit. Thank you to Car man for listing the October numbers: 36-month lease of a 2012 Civic Sedan LX with 15,000 miles per year are .00046 and 58%

You're welcome mackenzie3. I'd be happy to work up a payment on this car for you.

According to my calculations, if you were to lease a 2012 Civic Sedan LX that has an MSRP of $19,595 and a selling price of $18,275 ($500 over invoice after deducting the $500 dealer cash) through Honda Finance right now for 36-months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $206.